Army assets to order

Under similar contracts since 1999, the asset management firm that has a San Antonio office has helped military agencies convert depots, ammunition sites, arsenals, buildings, equipment and military scientists into assets that are purchased or leased by private companies.

Under the renewed contract, Pendulum will help six Army ammunition plants in Milan and Kingsport, Tenn.; Scranton, Penn.; Middletown, Iowa; Radford, Va.; and Independence, Mo. market to both national and international companies.